Sherwin-Williams Q2 Adj. EPS $3.29 Beats $2.69 Estimate, Sales $6.24B Beat $6.03B Estimate
Portfolio Pulse from Benzinga Newsdesk
Sherwin-Williams reported Q2 earnings of $3.29 per share, beating the analyst consensus estimate of $2.69 by 22.3%. This is a 36.51% increase from the same period last year. The company also reported quarterly sales of $6.24 billion, beating the analyst consensus estimate of $6.03 billion by 3.50%. This is a 6.28% increase from the same period last year.
July 25, 2023 | 11:02 am
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POSITIVE IMPACT
Sherwin-Williams reported better than expected Q2 earnings and sales, indicating strong performance.
Sherwin-Williams reported Q2 earnings and sales that beat analyst estimates, which is likely to be viewed positively by the market. The significant YoY increases in both earnings and sales suggest strong performance and growth, which could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100